Fraud in the business world is as old as the invention of business
itself. Enterprises experience fraud both internally and externally,
which results in huge revenue losses. Enterprises have always been
in search of new and advanced solutions to detect and prevent fraud
in their organizations. In recent years, the Fraud Detection and
Prevention market has grown to great heights owing to the need for
security against potential fraud. Text analytics, link analytics, web
analytics, artificial intelligence, and neural networks are emerging
technologies in the American fraud detection and prevention
market. The American fraud detection and prevention market has
been on a steady rise and is expected to boom in the near future.
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Related Reports:
North America Fraud Detection and Prevention Market:
North America has been a victim of various fraudulent
activities in the public as well as the private sector. Corporate
and banking sector frauds have been rampant in this region for
quite some time, which has given rise to the development of
the North American Fraud Detection and Prevention market.
The highest number frauds in the North American region have
been due to fraudulent orders. This market contributes 34.8%
of the global Fraud Detection and Prevention market. The
major players of this market are FIS, FICO, Fiserv, Experian,
SAP, among others.

“The North American
fraud detection and
prevention market is
reported to have generated
$1.25 billion in 2013, and is
expected to grow at CAGR
of 10.59% to reach $2.07
billion by 2018.”

http://www.micromarketmonitor.com/market/north-america-fraud-detection-and-prevention6172603498.html
Asia-Pacific Fraud Detection and Prevention Market:
The Asia-Pacific region has seen a huge rise in the number
of fraud cases in the corporate world, which has raised
serious concerns about the security of organizations. This
concern has fuelled the growth in the Asia-Pacific Fraud
Detection and Prevention market. This market contributes to
16.94% of the global market, and will grow to 22.61% due to
economic factors by 2018. The major players in the AsiaPacific fraud detection and prevention market include
companies like FIS, FICO, Fiserv, Experian, and SAP.

“The Asia-Pacific fraud
detection and prevention
market was valued at $0.61
billion in 2013, and is
expected to reach $1.7
billion by 2018. The market
is expected to grow at a
CAGR of 22.8% by 2018.”

Europe Fraud Detection and Prevention Market:
The European fraud detection and prevention market has
been one of the fastest-growing markets. The
technologically advanced European region has seen its fair
share of frauds in the corporate world, which has resulted in
massive losses for enterprises. The European fraud detection
and prevention market players provide various solutions
such as fraud analytics, prevention solutions, risk
management services, among others. The major players in
this market are FIS, FICO, Fiserv, Experian, and SAP. The
market has shown a growing trend, and controls 29.06% of
the global market.

“The European fraud
detection and prevention
market had revenues of
$1.04 billion in 2013, and is
expected to reach $1.9
billion at a CAGR of
12.69% by 2018.”

http://www.micromarketmonitor.com/market/europe-fraud-detection-and-prevention1012142251.html
Latin America Fraud Detection and Prevention Market:
The Latin American region was badly hit by the recent
recession, after which there has been a significant rise of
employee engagement in fraudulent activities like
misappropriation and larceny. The high revenue losses from
these activities have resulted in the growth of the Latin
American fraud detection and prevention market. The Latin
American fraud detection and prevention market contributes
to 10.29% of the global market. Prominent players in this
market include companies like FIS, FICO, Fiserv, Experian,
and SAP. These players offer fraud detection and prevention
solutions such as Predictive Analytics, Customer Analytics,
Social Media Analytics, among others.

“The Latin America fraud
detection and prevention
market in 2103 was valued
at $0.37 billion. Given the
analysis, the market is
expected to grow at a
CAGR of 22.52%, and
reach $1.02 billion by
2018.”

Middle East and Africa Fraud Detection and Prevention Market:
Enterprises in the Middle East and African region have
reported a rising number of threats from vendor frauds,
procurement frauds, and internal financial frauds, increasing
the demand for fraud detection and prevention solutions, thus
fuelling the growth in the Middle East and African fraud
detection and prevention market. This market contributed to
8.8% of the global fraud detection and prevention market as of
2013, and is expected to grow to 10.9% by 2018. The major
factor driving the Middle East and Africa Fraud Detection and
Prevention Market is the increase in frauds due to corruption
and bribery in the region. The key players in the Middle East
and African fraud detection and prevention market are
companies like FIS, FICO, Fiserv, Experian, and SAP.

â&#x20AC;&#x153;The Middle East and
African fraud detection and
prevention market reported
revenues of $0.31 billion in
2013, which is expected to
grow at a CAGR of 21.05
%, taking it to 0.83 billion
by 2018.â&#x20AC;?

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